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2025-10-24 08:34:59 The European Union (EU) has announced the inclusion of Liaoyang Petrochemical, Shandong Yulong Petrochemical, and PetroChina's trading arm, Chinaoil Hong Kong, in the sanctions list against Russia, according to foreign media reports. These three oil companies are identified by the EU as major buyers of Russian crude oil, providing substantial revenue to Russia. Liaoyang Petrochemical and Shandong Yulong Petrochemical have a refining capacity of 600,000 barrels per day, accounting for 3% of China's daily refining capacity of 19 million barrels. ~ AAStocks Financial News Web Site: www.aastocks.com | |